Improving Home Heating for Canadians as it Fights Climate Change | Rare Techy

STELLARTONNS , November 21, 2022 /CNW/ – The Government of Canada continues to invest in making life more affordable for families across the country by helping homeowners switch from expensive home heating oil to cold-air heat pumps.

This was announced today by the Honorable Sean Fraser, Minister of Immigration, Refugees and Citizenship, on behalf of the Honorable Jonathan Wilkinson, Minister of Natural Resources. $250 million investment in the Oil to Heat Pump Affordability Grant (OHPA), a new channel to add to the season Canada Greener Homes Initiative. This program will help thousands of households move to affordable, reliable electric heat pumps instead of heating oil. The OPHA Grant is under construction $250 million read it in September, 2022, Minister Guilbeault will make home heating more affordable – and cut pollution – by helping households switch to electric heat pumps.

Despite the country’s breadth, the OHPA Grant’s design shows that a larger proportion of Atlantic Canadians use oil as their primary heat source. Today’s announcement is another step taken by the Government of Canada is following through on its commitment to providing practical solutions for home heating, especially for Atlantic Canadians, while fighting climate change.

The new OHPA Grant focuses on high-need housing and is designed to benefit low-to-medium income Canadian households. On average, homeowners switch from oil to air-cooled heat pumps to heat their homes and save between $1,500 a $4,700 per year for household electricity bills.

Eligible homeowners can combine OHPA Grants with funding from federal, provincial, territorial and utility programs. The OHPA Grant will award the $5,000costs include:

• purchase and installation of an appropriate heat pump;
• electrical upgrades required for new heat pump; a
• safe removal of the oil tank.

Recognizing that many low-to-low-income homeowners cannot afford the upfront costs associated with installing heat pumps, they offer financing to Canadian households in prior to the installation of their new heat pumps, and the project will demonstrate robust sustainability practices. make sure the program is used as intended.

Canadian households are eligible for the OHPA Grant if:

• have an after-tax household income at or below the median after-tax household income, according to Statistics Canada Minimum Income Measurement Threshold (for example, $53,140 after-tax for a family of four);
• their home is oil-heated like o January 2023 (This must be shown along with copies of their fuel bills from the 12 months prior to their application); a
• they are the first occupants and owners of their home.

The OHPA Grant will be available starting in early 2023 from Canada Greener Homes Initiative Portal. The $2.6 billion The Canada Greener Homes Initiative (CGHI) has given homeowners the right to $5,000 to renovate their home to reduce energy use and save money. Homeowners can therefore benefit from OHPA and CGHI grants to replace their oil furnaces with heat pumps.

For the Quarterly Updateissued by CGHI approx $106 million in loans to nearly 28,000 homeowners and approved interest-free loans for nearly 4,300 homeowners. As with the Canada Greener Homes Initiative, Natural Resources Canada will seek to co-deliver the OHPA Grant with provincial, territorial or utility projects where appropriate, and will approach the Atlantic provinces for their needs. to jointly submit the OHPA Grant.

Helping households switch to heat pumps not only helps lower energy costs for Canadians, but also helps cut pollution. The OHPA Grant is another example of the government’s commitment to improving the cost of living for Canadians while fighting climate change from coast to coast.

Information

“Heating and cooling our homes more efficiently – with technology like electric heat pumps – Canadians spend less money and reduce pollution. We’re happy to help Canadians do so.”

The Honorable Jonathan Wilkinson
Minister of Natural Resources

“These are difficult times for Canadians, especially across borders Atlantic Canada are facing higher heating bills. To continue providing immediate assistance, our government is reducing Canadian heating bills by helping homeowners pay upfront costs through federal grants up to the $5,000 to replace their oil heating systems with new heat pumps. By moving away from heating oil, homeowners can save thousands of dollars on their annual heating bills, putting money back into people’s pockets and reducing pollution and create new jobs across the country.”

The Honorable Sean Fraser
Minister for Immigration, Refugees and Citizenship

Fast Facts

• In September, the Government of Canada read it $250 million through the Low Carbon Economy Fund to help, according to estimates, tens of thousands of households across Canada switch from home heating oil to affordable, reliable electric heat pumps.
• Heat pumps it has real technology and reliability in it Canadais able to provide year-round comfort control for the home by:
• warm in winter;
• cooling in summer (heat pumps, despite their name, can also work as air conditioners); a
• sometimes, water heating.
• Heat pumps are one of the best ways for homeowners to save money on energy bills and fight climate change. Compared to other energy sources, it is two to three times more efficient, which means more savings for homeowners and lower energy consumption for appliances and grids.
• Pacific jurisdictions have the most households that use oil for home heating. PEI was estimated at 56%, Nova Scotia at 39%, New Brunswick at 15%, a Newfoundland a Labrador at 15%.
• Natural Resources Canada is working with the US Department of Energy, the US Environmental Protection Agency, and manufacturers to develop and commercialize the next generation of cold climate heat pumps through The Cold-Storage Pump Technology Challenge.
• Canada The world’s leading weather planner has invested $100 billion in clean growth with the goal of 40%–45% emissions reductions by 2030, and zero-emissions by 2050.
• The Canada Greener Homes Initiative will deliver up to 1.5 megatonnes (Mt) of emissions reductions per year by 2026 and is expected to create more than 110,000 direct and indirect jobs across the board. CanadaIt builds on the more than 436,000 direct jobs the energy sector announced in 2018.
• Canada The construction sector is responsible for 13% of Canada greenhouse gas emissions, or 88 Mt, in 2020. When considering off-site energy production for domestic use, it will be around 18%. That’s why the federal government is developing a Canadian Green Building Strategy to reduce the sector’s emissions by 37% below 2005 levels by 2030. Other measures by the government agencies are involved in this process, such as:
• $1.5 billion for the Green and Inclusive Community Buildings program will support green and affordable renovations, repairs or renovations of existing community buildings and the construction of new community buildings that are accessible to all people working in high needs, underserved communities. Canada;
• $4.4 billion for over 175,000 interest-free loans in the Canada Mortgage and Housing Corporation for energy efficiency upgrades;
• At least $2 billion in funding through the Canada Infrastructure Bank’s Building Retrofit Initiative, which invests in decarbonizing public and commercial buildings and provides attractive financing mechanisms to reduce investment barriers and tackle saving on electricity bills; a
• $950 million for the Green Cities Fund under the Federation of Canadian Municipalities, including the Community Building Renovation program that allows communities to make renovations and other upgrades to reduce emissions and improve energy efficiency community buildings.

Related information

Canada Greener Homes Initiative

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For more information: Contact: Natural Resources Canada: Media Relations, 343-292-6100, [email protected]; Keean Nembhard, Press Secretary, Office of the Secretary of Natural Resources, 613-323-7892. [email protected]